Max Thake is a co-founder of peaq, the Layer-1 blockchain for DePIN, and EoT Labs, a software development and incubation organization supporting open-source projects focused on the Economy of Things. Max is also a Fellow at the Sigma Squared Society, a global community of founders under age 26.
Few things get your average crypto enthusiast as excited as a brand-new cryptic abbreviation to rally around. This cycle, the DePIN banner is, and compared to some of the past crazes, this one is actually pretty wholesome. Not just that — it’s exciting, it has a ton of potential, and it marries Web3 and the real world in a way that actually makes sense… All while being a beast the mainstream crypto space is unprepared for.
It’s what the “masses” have been waiting for: real, tangible use-cases for blockchain that people actually need and use daily Let’s not forget about having to win the hearts and minds, too. DePINs have to approach entirely new audiences, people who are an afterthought for most crypto projects. Think IoT and tech geeks, but also anyone who could host and run hardware, from drivers to small businesses. It’s no easy task, marketing-wise, and one that further distinguishes DePINs as a unique Web3 sector.
Architecture: merging smart contracts with edge computing and peer-to-peer device interactions, mindful of the real-world challenges involved.
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